ABERCROMBIE & KENT PHILANTHROPY INC

EIN: 364222228 501(c)(3) Philanthropy & Grantmaking

DOWNERS GROVE, IL

Total Revenue
$2,158,191
Total Expenses
$2,574,785
Total Assets
$1,054,762
Net Assets
$139,142
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1998
Legal Domicile
IL
Principal Officer
KEITH SPROULE
Phone
8005547016
Tax Period
2024-01-01 to 2024-12-31

ABERCROMBIE & KENT PHILANTHROPY INC, founded in 1998, is a community nonprofit in the Philanthropy & Grantmaking sector that reported $2.2M in total revenue in fiscal year 2024. Expenses of $2.6M exceeded revenue, resulting in a 19% operating deficit.

Mission

TO HELP NATURE THRIVE AND CULTURES TO FLOURISH BY POSITIVELY IMPACTING LIVES AND LIVELIHOODS OF COMMUNITIES WHERE ABERCROMBIE & KENT GUESTS TRAVEL THROUGH EDUCATION, CONSERVATION, HEALTH SUPPORT AND ENTERPRISE

Program Service Accomplishments

Program 1
Expenses: $2,287,897

ABERCROMBIE & KENT PHILANTHROPY (AKP) IS DEEPLY COMMITTED TO ITS FOUR PILLARS: EDUCATION, HEALTH CARE, CONSERVATION AND COMMUNITY ENTERPRISE DEVELOPMENT. WE BELIEVE THAT THE PRESERVATION OF OUR...

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ABERCROMBIE & KENT PHILANTHROPY (AKP) IS DEEPLY COMMITTED TO ITS FOUR PILLARS: EDUCATION, HEALTH CARE, CONSERVATION AND COMMUNITY ENTERPRISE DEVELOPMENT. WE BELIEVE THAT THE PRESERVATION OF OUR NATURAL AND CULTURAL HERITAGES IS BEST ACCOMPLISHED THROUGH THE SUSTAINED UNIFICATION OF ENVIRONMENTAL AND ECONOMIC GOALS. AKP STRIVES TO: 1) EDUCATE AND TRAIN COMMUNITIES WITH WHOM WE WORK TO PROTECT THE ENVIRONMENT AS A NATURAL, RENEWABLE RESOURCE FOR THEIR ECONOMIC BENEFIT AND FOR FUTURE GENERATIONS. 2) TAKE A PROACTIVE ROLE IN PROTECTING ENDANGERED SPECIES AND THE ECOSYSTEMS UPON WHICH THEY DEPEND. 3) SET AN EXAMPLE AND EDUCATE TRAVELERS TO HELP THEM UNDERSTAND AND RESPECT THE AREAS IN WHICH THEY TRAVEL SO THESE FRAGILE ECOSYSTEMS CAN CONTINUE TO THRIVE. 4) ENGAGE THE HELP OF OUR GUESTS BY INTRODUCING CIVIC-MINDED TRAVELERS TO GRASSROOTS ORGANIZATIONS MAKING A DIFFERENCE IN EDUCATION, HEALTH, CONSERVATION AND COMMUNITIES IN THE DESTINATIONS THEY VISIT.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $2,154,727
Program Service Revenue $0
Investment Income $3,464
Other Revenue $0
TOTAL REVENUE $2,158,191

Expense Breakdown

Grants Paid $0
Salaries & Benefits $546,020
Fundraising Expenses $108,022
Program Expenses $2,287,897
Other Expenses $2,028,765
TOTAL EXPENSES $2,574,785

Year-over-Year Comparison

2024 2023 Change
Revenue $2,158,191 $2,115,998 +0.0%
Expenses $2,574,785 $1,638,699 +0.6%
Net Income $-416,594 $477,299 -1.9%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✓ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
6
Independent Members
N/A
Employees
N/A
Volunteers
N/A

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
⚠ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
4
$247,354
Total Directors
7
$247,354
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KEITH SPROULE EXEC DIRECTOR/SECRETARY 37.50
Officer Director
$240,241 $7,113 $247,354
GEOFFREY KENT CO-CHAIR 2.00
Officer Director
$0 $0 $0
JORIE BUTLER KENT CO-CHAIR 2.00
Officer Director
$0 $0 $0
ANDREW BURRETT TREASURER - TERM 2.00
Officer Director
$0 $0 $0
MANFREDI LEFEBVRE DIRECTOR 2.00
Director
$0 $0 $0
CRISTINA LEVIS DIRECTOR 2.00
Director
$0 $0 $0
AMY WEYMAN DIRECTOR 2.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $2,158,191 $2,574,785 $1,054,762 $-416,594
2023 $2,115,998 $1,638,699 $1,401,436 $477,299
2022 $930,024 $903,300 $816,075 $26,724
2021 $471,218 $664,074 $474,816 $-192,856
2020 $596,726 $993,804 $480,419 $-397,078
2019 $1,219,189 $990,649 $781,865 $228,540
2018 $1,132,897 $998,111 $589,407 $134,786
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